ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.31 : In a biochemical engineering company, let the actual revenue generated = A, actual cost incurred = B. According to the standard budget, the revenue generated = C, cost incurred = D. (a) Find the profit according to : (i) actual situation; (ii) standard budget. (b) Calculate the Variance Due to Price and Efficiency in : (i) revenue generated; (ii) cost incurred; (iii) profit. (c) If E > F where > represents : more than, find the 4 pairs of values of E and F in favorable conditions.

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.21 : The cost of building a biochemical processing plant is increasing due to inflation. Let I = inflation rate, R = nominal interest rate, r = real interest rate. According to Fisher Equation, (1 + r)(1 + I) = (1 + R). According to General Inflation Equation, R = r + I. (a) By assuming that both r and I are fairly small, prove by mathematical calculations that complicated Fisher Equation could be simplified into the General Inflation Equation. (b) By using 2 first order Taylor expansions in the linear approximation, namely 1 / (1 + x) ≈ (1 - x), (1 + x)(1 + y) ≈ 1 + x + y, show by mathematical calculations that (1 + r) = (1 + R) / (1 + I) could be approximated by r ≈ R - I.

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what is extractive distillaion

6 Answers   ONGC,

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ENGINEERING MATERIAL - EXAMPLE 12.2 : At 150 degree Celsius, a mixture of 40 wt % Sn and 60 wt % Pb present, forming phases of alpha and beta. Chemical composition of Sn at each phase : CO (overall) : 40 %, CA (alpha) : 11 %, CB (beta) : 99 %. (a) State 2 reasons for the existences of alpha and beta phases for the mixture of Sn - Pb at 150 degree Celsius. (b) By using Lever Rule, calculate the weight fraction of each phase for alpha, WA = Q / (P + Q) and beta, WB = P / (P + Q) where Q = CB - CO and P = CO - CA.

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what is the role of id fan in a furnace?

3 Answers   Essar, JSW,

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What are the some common causes of control valve noise?

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What is the Chemical Formula of Mineral Oil used in Transformer. It is Challenged for all Chemical Engineers.

6 Answers   Ambuja, Oil and Gas Jobs,

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IS BTech chemical distance education degree from JRN Rajasthan vidyapeth by SSK engineering college Tamilnadu aprooved from UGC or AICTE?

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.18 : An investor is planning to purchase a small office for biochemical engineering consultancy on loan. In the calculation of the discount of payment in arrears, the following formula is used : y = 1 / (1 + r) ^ 1 + 1 / (1 + r) ^ 2 + 1 / (1 + r) ^ 3 + ... + 1 / (1 + r) ^ n where y = present value, r = interest rate of discount, n = number of payment, ^ = power used in certain computer languages for mathematics. (a) What is the meaning of : arrears? (b) Find a mathematical equation of y (1 + r). (c) Calculate, in less than 3 terms, y as a function of r and n.

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Explain the difference between cfm (cubic feet per minute) and scfm (standard cubic feet per minute)?

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ENGINEERING NUMERICAL METHODS - EXAMPLE 19.2 : For a mixture of benzene (B), toluene (T) and xylene (X), the equation applies where x for B, T and X will sum up to 1. The equation of x for each component is x = (L / V + 1) (F) / (L / V + K). The data of F for each component are : 0.5 for B, 0.35 for T, 0.15 for X. The data of K for each component are : 1.98 for B, 0.76 for T, 0.24 for X. When x for B + x for T + x for X = 1, find the values of (a) L / V; (b) x for each component of B, T, X respectively. You may use Excel program - Data : What-If-Analysis for Goal Seek to perform the iterative calculations.

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Explain why is post-weld heat treatment (stress relieving) sometimes necessary for welded vessels?

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